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CBN clears air on alleged Naira devaluation - TNG

CBN clears air on alleged Naira devaluation


The Central Bank of Nigeria has reacted to news it has devalued the Naira by as much as 15 percent, moving it from the official price of N307 to N360 and also adjusting the import and export window price from N360 to N380.

In a tweet on Saturday night, the bank deployed semantic obfuscation to describe its action, quoting Governor Godwin Emefiele as saying the...

CBN clears air on alleged Naira devaluation - TNG

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